News@lemmy.worldEnglish · 10 months ago

Americans can no longer afford their cars

www.newsweek.com

cross-posted to:
personalfinance@lemmy.ml

386

Americans can no longer afford their cars

www.newsweek.com

Lee Duna@lemmy.nz to

News@lemmy.worldEnglish · 10 months ago

cross-posted to:
personalfinance@lemmy.ml

Just 10% of new car listings are currently priced below the $30,000 mark, after years of price increases have made vehicles unaffordable to millions.

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10 months ago
Up until I got an EV I never thought about dollar per 100 km. On “fuel”, I used to be near $20/100km for my premium powered midsize SUV.

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